Tesla reveals details about its game-changing battery 'Gigafactory'

Secret weapon to dramatically lower EV costs Looks like we have a double-dose of Tesla for you today. We just reported that Consumer Reports named the Model S the 'Overall Best' car for 2014 , and now Tesla has released more details on its ambitious battery 'gigafactory' plans.On its blog, the company writes: "As we at Tesla reach for our goal of producing a mass market electric car in approximately three years, we have an opportunity to leverage our projected demand for lithium ion batteries to reduce their cost faster than previously thought possible. In cooperation with strategic battery manufacturing partners, we’re planning to build a large scale factory that will allow us to achieve economies of scale and minimize costs through innovative manufacturing, reduction of logistics waste, optimization of co-located processes and reduced overhead." Tesla/Screen capture They...